One of three mild profanities invented at Dullen Studios© for the inhabitants of the Lost Lands in their
first indie film, The Lost Ones. Its use has now broadened, and is commonly used in this general area.
The
first element (gizzem-) is almost certainly a corruption of goddamn. The second half (-blutz) was probably influenced by
fuck. The word is clearly styled to look as if it is of Yiddish descent.